The CFO of Zero Motorcycles wants to recapitalize the firm. She makes the following transactions (with the approval of the board): dr Cash $100MM cr PIC (share issuance) $100MM dr Loan Payable $100MM cr Cash $100MM What is the net financial effect to the firm and why? Choose one financial effect and one reason. The firm's financial risk is unchanged. The firm's financial risk has increased. The firm's financial risk has decreased. Because the firm has increased its cash stockpile. Because the firm has fewer contractual obligations to pay cash going forward. Because the firm has increased its cash obligations. Question 3 1 pts A company tracks its PPE using the shortcut net PPE method. For 20X1 it notes wear of its PPE of 10. Which journal entries should it use to record this? Choose all that apply. dr Accumulated Depreciation 10 cr Cash 10 crnet PPE 10 cr Accumulated Depreciation 10 dr Depreciation Expense 10